Zotefoams (LON:ZTF) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Zotefoams plc (LON:ZTF) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 456.41 ($5.93) and traded as low as GBX 401 ($5.21). Zotefoams shares last traded at GBX 401 ($5.21), with a volume of 8,337 shares.

Zotefoams Stock Performance

The company has a market cap of £194.89 million, a P/E ratio of 2,005.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. The business has a 50 day moving average price of GBX 435.76 and a two-hundred day moving average price of GBX 456.41. The company has a debt-to-equity ratio of 43.67, a quick ratio of 0.67 and a current ratio of 1.30.

Zotefoams Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, September 5th were paid a dividend of GBX 2.38 ($0.03) per share. This represents a dividend yield of 0.48%. The ex-dividend date was Thursday, September 5th. Zotefoams’s dividend payout ratio (DPR) is presently 3,500.00%.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.